Only 4 Black-Owned Companies Made Over $1Billion Last Year

AFRICANGLOBE – Black Enterprise magazine has released their 2014 annual list of the top 100 Black businesses in the country. Based on statistics from 2013, the top companies represent the best of the best in enterprise and innovation in various industries including industrial/service, auto, advertising, and financial services.

Of all the companies on the list, only 4 of them generated more than $1 billion in annual revenue. And contrary to popular belief, none of those companies are owned by Oprah or Jay-Z.

But 34 of the top Black businesses, including the 4 billionaire companies, generated annual revenues of more than $100 million.

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